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Average Electrical Engineers Salary in Northern New Mexico nonmetropolitan area

Yes, Northern New Mexico nonmetropolitan area is a highly lucrative market for Electrical Engineerss. With an average annual salary of $184,430, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $184,430 per year.
  • Growth Trend: Salaries have shifted 51.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $276,645.
  • Outlook: The current demand for Electrical Engineerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Northern New Mexico nonmetropolitan area economy.
2024 Market Data

Salary Overview

$184,430

The average Electrical Engineers in Northern New Mexico nonmetropolitan area earns+52.4%above the national average.

BreakdownBased on 40h/week
Hourly

$88.7

Weekly

$3,547

Monthly

$15,369

Electrical Engineers Salary Distribution in Northern New Mexico nonmetropolitan area

The earning potential for Electrical Engineerss in Northern New Mexico nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $77,890, while highly experienced professionals can command wages upwards of $276,645.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$77,890$37.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$138,323$66.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$128,100$61.6
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$230,538$110.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$276,645$133

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$184,430

Gross Pay

Real Wage (Purchasing Power)

$184,430

Adjusted for COL (100)

In Northern New Mexico nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $184,430 to $184,430.

Job Market Context

50

Total Jobs

0.603

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Northern New Mexico nonmetropolitan area has a notably lower concentration of Electrical Engineers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

50 people work as Electrical Engineers in Northern New Mexico nonmetropolitan area.

Only 0.603 out of every 1,000 local jobs are Electrical Engineers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Electrical Engineers

CitySalaryDist.
Albuquerque, NM Electrical Engineers Salary$149,040 19%29 mi

Comparing salaries near Northern New Mexico nonmetropolitan area

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Northern New Mexico nonmetropolitan area?

The median annual salary for a Electrical Engineers in Northern New Mexico nonmetropolitan area is $184,430. This typically ranges from $77,890 for entry-level positions to $276,645 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern New Mexico nonmetropolitan area is 52.4% higher than the national median of $121,030.

Is Northern New Mexico nonmetropolitan area a good place for Electrical Engineerss?

Yes, Northern New Mexico nonmetropolitan area is financially attractive for Electrical Engineerss. The average salary of $184,430 exceeds the national average. See distinct detailed breakdown below.

Is Northern New Mexico nonmetropolitan area a good place to live for Electrical Engineers?

The Cost of Living Index in Northern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northern New Mexico nonmetropolitan area?

Some top paying nearby cities include Albuquerque, NM ($149,040) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Northern New Mexico nonmetropolitan area area with a job density of 0.603 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.